Crunch time for Cyprus. Representatives of the guarantor powers Greece, Turkey and Britain will join Cyprus President Nicos Anastasiades and Turkish-Cypriot leader Mustafa Akinci on Thursday for crucial talks. The UN says are the best chance to reunify the island after four decades of division. Guarantor powers will be represented …
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Cyprus Talks: 5-Party Conference at risk over 1% of Territory
As the Cypriot and the Turkish Cypriot side exchange maps in Geneva, Switzerland, the Greek side threatens to cancel the firth-party Conference, should the Turkish Cypriots ask for more than they should. According to Cyprus News Agency: If the map that the Turkish Cypriot side presents at the UN-led talks …
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Will Erdogan bring down the “crucial” round of Cyprus peace talks?
Talks to reunite the two sides of Cyprus are set to resume in Geneva on Monday. The Mediterranean island and EU member state has been separated since 1974, when Turkish troops invaded the North of the state island and kept it under occupation ever since. A new phase in the …
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Luxembourg, Ireland, Netherlands among worst tax havens
A report published by the charity non-governmental organization OXFAM exposes the worst offenders in the ‘race to the bottom on corporate tax.’ Luxembourg, Ireland, Cyprus, and the Netherlands are among the world’s 10 worst tax havens, despite an ongoing EU crackdown on tax avoidance and profit shifting across the bloc. …
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Erdogan challenged Cypriot flag, calls EP voting “harassment”
For one more time, Turkish president Recep Tayyip Erdogan used the usual “diplomatic” language to take position in crucial issues like the European Union membership and the Cyprus issue. This time it was the Cypriot flag that became his target. “Without shame they come to EU sessions with the flag …
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Is Ankara seriously considering to annex Turkish-occupied northern Cyprus?
Turkish journalist and senior advisor to President Recep Tayyip Erdogan, Yigit Bulut, has suggested that Turkey annexes the Turkish-occupied north of Cyprus. Speaking on A Haber news channel on November 20, Bulut argued that Britain was attempting to control the northern part of Cyprus. His comments came two days before …
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Russian tankers allegedly smuggled jet fuel to Syria via Cypriot and Greek ports
Despite the EU sanctions, Russian tankers have alleged smuggled jet fuel to Syria through EU waters and thus through Cypriot and Greek ports. According to an exclusive Reuters report based on anonymous intelligence sources, “at least two Russian-flagged ships made deliveries – which contravene EU sanctions – via Cyprus,” while …
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Cyprus talks deadlocked over Ankara’s disagreement on territorial delineation
Negotiations to reunite the divided island of Cyprus have failed to strike a deal, the United Nations said early on Tuesday. In the latest round of U.N.-brokered talks in Swiss resort of Mont Pelerin, Cypriot leader Nicos Anastasiades and Turkish Cypriot leader Mustafa Akinci had been negotiating for two days. …
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Four US presidents in Greece: No issue solved and everything remains the same
Barack Obama is the fourth American president visiting Greece after Dwight D. Eisenhower in 1959, George W. Bush in 1991 and Bill Clinton in 1999. From the Cold War to the present day, the Greek governments hope for a statement by each American president that can give the much needed …
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Controversial tycoon Andreas Vgenopoulos (Marfin Group) dies of heart attack at 63
Powerful businessman Andreas Vnenopoulos died of heart arrest at 3:30 am on Saturday. He was 63 years old. He was the chairman of Marfin Investment Group and Marfin Popular Bank, Health group Ygeia (Hospital), major shareholder of Panathinaikos FC, owner of Oympic Air and a fencer. He was a lawyer …
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Finance Ministry to chase Greeks with companies in Bulgaria, Cyprus & Malta
Thousands of Greeks have opened or registered their companies in Bulgaria, Cyprus, Malta or in other neighboring countries with low tax rates in recent years in order to escape the over taxation in Greece. Now the General Secretariat of Public Revenues targets exactly these companies and threaten the owners with …
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Remains of 16 Greek “Noratlas” soldiers shot down in Cyprus return home after 42 years
Forty two years after Greek air-force transporter Nord Noratlas “Niki 4” was shot down by friendly fire in Cyprus, the remains of 16 commandos returned home. In an emotionally laden ceremony, the remains in coffins, draped with Greek and Cypriot flags and with a laurel wreath, were handed over to …
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EU Court landmark decision opens door for legal cases by EU citizens in bailout countries
An important decision for the protection of human rights in times of bailouts and austerity. For the first time, the European Court of Justice explicitly stated that the European institutions and in particular the European Commission are bound by the EU Charter of Fundamental Rights and are obliged to protect …
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Cyprus to protest harassment of its oil exploitation vessel by Turkish frigate
Cyprus is expected to protest Turkey’s harassment of a Cypriot research vessel off the coast of Akamas on Thursday. Government spokesman Nicos Christodoulides said the Republic will undertake all the appropriate actions with international organisations and foreign governments. On Thursday, a Turkish navy frigate approached a Cyprus-flagged vessel carrying out …
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Austria narrowly escapes a far-right President #phew
European Union member-state Austria narrowly escaped a far-right president: independent candidate Alexander Van der Bellen has won Austria’s presidential election, preventing Norbert Hofer from becoming the EU’s first far-right head of state. A thriller of voting results on Sunday had Hofer leading narrowly the race with 51.9% and 48.1% for …
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Parama Papers: 400 Greeks, 223 offshore companies
The International Consortium of Investigative Journalists published on Monday the names of thousands of offshore companies and their owners, a data base of 214,000 entities set up in 21 jurisdictions. The leaks contain corporate information about trusts, funds, companies and stakeholder names. The latest Offshore Leaks by ICIJ have uploaded …
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Greece, Israel & Cyprus sign “historical” Cooperation Agreement on Energy
Greek Prime Minister Alexis Tsipras, Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nikos Anastasiades came together to Nicosia and signed a joint cooperation declaration that has been hailed by the three leaders as “historical”. The three leaders pledged closer cooperation in seven fields: energy, tourism, research and technology, environment, …
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Greece-Egypt-Cyprus Tripartite Summit declaration
A third Trilateral Summit between Greece, Egypt and Cyprus in Athens on Wednesday effectively solidified the foundations of the cooperation between the neighboring countries in the years to come. “Our 3rd Trilateral Summit underlines our well-established and continuous tripartite partnership aiming at promoting peace, stability, security and prosperity in the …
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Obama calls Tsipras, talks about Refugee & Debt crisis, Cyprus
Us President Barack Obama had a phone conversation with Greek Prime Minister Alexis Tsipras on Thursday.According to a White House press release, Obama called Tsipras to congratulate him for his Elections success on September 20th. The two leaders discussed Greece’s reforms to achieve debt sustainability, the Syrian refugee crisis, and …
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UPD5 June 30th: Last minute solution? Eurogroup meeting at 7 pm!
Greece is one minute before 12. Midnight sharp we will not all turn into pumpkins but rather into default, should we believe local and foreign media. As the whole reporting about “Greece’s Doomsday” is strongly influenced by the pro or contra propaganda with regards to Referendum on upcoming Sunday, I …
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